ISDS Case Map
Korea
The US-Korea Free Trade Agreement (KORUS) continues the practice of corporate hijacking global trade negotiations to the benefit of transnational drug and tobacco companies, and at the expense of people's health. It threatens core protections for public health, long under fire from NAFTA's notorious Chapter 11.
The Korea-US free trade agreement (FTA) means a lot more than the simple scrapping of tariffs. The full text of the pact released by the government showed that the strengthened protection on intellectual property rights will affect our daily lives.
We are very worried about the Korea-US FTA's IPR chapter and its confirmation letters. They have very dangerous things which the former US FTA didn't have. If this Korea US FTA is passed, then the US will request other countries to include these things in the following FTA.
A merchandise free trade agreement between South Korea and five member countries of the Association of Southeast Asian Nations (ASEAN) will take effect on June 1, officials said Wednesday.
Bilateral trade between Malaysia and South Korea is expected to increase further with the completion of the Free Trade Agreement (FTA) between Asean and South Korea this year.
American automotive giant Chrysler Group expressed opposition Tuesday to a proposed South Korea-U.S. free trade agreement (FTA), saying the accord fails to motivate the Asian nation enough to open its market to American-made cars.
South Korea's political parties said Wednesday that renegotiating a recent trade deal with the United States is unacceptable.
The full text of the free trade agreement with the United States has been released. To the masses who have grown weary of the almost two months of the government's self-congratulatory propaganda about how well it did in the negotiations that ended in April, the news is like welcome rain after a long drought. Did not someone say the trade deal was "like a second founding of the nation," in order to say the economic negotiations are the biggest news since Dangun's founding of the Korean nation in 2333 B.C.E.?
The US-South Korea free trade agreement comes at precisely the moment when America's military presence on the Korean Peninsula is rapidly diminishing, anti-US nationalism in South Korea is growing and China is playing an ever more important leadership role in the region. "This FTA is about countering China," says Yang Sung Chul, a former US ambassador to South Korea, now professor at Korea University in Seoul. "It's much more significant in strategic than economic terms."
The actual document that is slated to be ratified as the free trade agreement between South Korea and the United States has been made public. As expected, there were quite a few sections the public never knew about that would be disadvantageous for Korea.
